Feds Looked Into Rick Perry Stock Trade

According to the Huffington Post, a US Attorney passed on information on a Rick Perry stock deal to the FBI in the 1990s, but nothing came of the case. Rick Perry purchased 2,800 shares of stock in a company, Kinetic Concepts, run by a top donor he had spoken to the day of the sale. Immediately after his purchase a major wave of outside investment boosted its value and made Perry a tidy $38,000 profit. He denied having any kind of inside information and his spokesman says the SEC reviewed the case and dismissed it.

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